Why KLA Stock Triumphed on Thursday
Given how KLA (NASDAQ: KLAC) stock performed on the market Thursday, the company probably doesn't want the trading week to end. Its shares zoomed nearly 6% higher in price, thanks largely to a promising new deal in the chip industry. That rise was notably steeper than the S 500 index's 0.7% increase.
Even by the standards of the microchip business, the deal announced between Nvidia and is significant. The former is investing a cool $5 billion in the latter, and the two will collaborate on a series of products and projects.
Image source: Getty Images.
Source Fool.com
Intel Corp. Stock
€30.70
-3.290%
Our community is currently low on Intel Corp. with 14 Buy predictions and 19 Sell predictions.
A potential of -25.07%, resulting from comparing the current price of 30.7 € with the target price of 23 € for Intel Corp., shows the chance of incurring significant losses.
